The innovation center and startups incubator IDEA, receive applications from young and ambitious entrepreneurs who wish to turn their innovative idea into a sustainable business.

The “IDEA” is a non-profit organisation that aims to create successful startups on the one hand and to contribute dynamically to the consolidation of the culture for the development of innovation and entrepreneurship in our country.

In startups hosted for 9 months at IDEA is provided:

  • Integrated training for business creation
  • Mentoring by prominent entrepreneurs
  • Business, law, accounting, marketing and technology consulting (ICT)
  • Fully equipped office facilities
  • Business opportunities and contact with entrepreneurs in their industry
  • Networking with key people
  • Access to investors at the right time
  • Guidance on European programs
  • Also a seed capital of € 12,000 from the Bank of Cyprus.

At the same time, the non-profit organization IDEA will acquire 5% of the share capital of each company, thus ensuring the successful continuation of its work to support young entrepreneurs in the next rounds.

More information can be found here.